India, March 12 -- Food delivery platforms like Swiggy and Zomato are feeling the heat due to the shortage of LPG across India, triggered by the ongoing meltdown in the Gulf. These platforms are facing unprecedented supply-chain issues as several partner restaurants have been forced to restrict deliveries or halt operations altogether.

This has brought pressure on shares of Zomato parent Eternal and Swiggy. While Eternal's shares plunged close to 5% during the intra-day trading to Rs.213.06 today, Swiggy's shares slid to a 52-week low of Rs.271.2.

Both companies' shares have remained under pressure for nearly a week, as escalating tensions stemming from the US-Israel-Iran conflict spilled over into global energy markets.

Restaurants Fe...